FINANCIAL ADVISORY AGREEMENT

 
                                                                    Exhibit 10.1

                          FINANCIAL ADVISORY AGREEMENT
                          ----------------------------

         THIS FINANCIAL  ADVISORY  AGREEMENT  ("Agreement")  is made and entered
into on this the 26th day of September  2005, by and between HFG  International,
Limited, a Hong Kong corporation  ("HFG"), and Eastern  Nano-Materials  Holdings
Limited,  a company  organized  under the laws of the Republic of Singapore (the
"Company").

                              W I T N E S S E T H:

         WHEREAS, the Company desires to engage HFG to provide certain financial
advisory and consulting services as specifically  enumerated below commencing as
of the date hereof related to the Financing, the Restructuring, the Going Public
Transaction and the Post-Transaction  Period (each as hereinafter defined),  and
HFG is willing to be so engaged;

         NOW,  THEREFORE,  for and in  consideration  of the covenants set forth
herein and the mutual  benefits  to be gained by the parties  hereto,  and other
good and valuable  consideration,  the receipt and adequacy of which are now and
forever  acknowledged and confessed,  the parties hereto hereby agree and intend
to be legally bound as follows:

         1. Retention. As of the date hereof, the Company hereby retains and HFG
hereby agrees to be retained as the Company's exclusive financial advisor during
the term of this  Agreement.  The Company  acknowledges  that HFG shall have the
right to engage third parties with the Company's  permission to assist it in its
efforts to satisfy its  obligations  hereunder.  In its  capacity as a financial
advisor to the Company, HFG will:

         A. Restructuring and Going Public Transaction.

                  (i) consult on the implementation of a restructuring plan (the
         "Restructuring")  resulting in an  organizational  structure  that will
         allow the Company to complete the Going Public Transaction;

                  (ii) assist the Company in evaluating  the manner of effecting
         a going public transaction with a public shell corporation domiciled in
         the  United  States  of  America  and  quoted on the "OTC BB" (a "Going
         Public Transaction") resulting in HFG, its affiliates,  participants in
         the  Financing  and  the  minority  shareholders  of the  public  shell
         corporation  retaining  control of 5.8 percent (5.8%) of all the issued
         and outstanding stock of the public company  following  consummation of
         the   Financing   and  the  Going  Public   Transaction.   The  Company
         acknowledges that it has presented HFG with financial  projections (the
         "Projections")  indicating  that the Company  will report net income of
         approximately  $10 million  USD for the first three  quarters of fiscal
         2005 (the  "Projected  NI").  The  Company  agrees that in the event it
         fails to meet the Projected  NI, HFG shall have the right,  in its sole
         discretion, to renegotiate its terms.



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                  (iii) assist the Company in a capital  raising  transaction (a
         "Financing")  as permitted by applicable law and in accordance with the
         terms of that certain Financing  Agreement (the "Financing  Agreement")
         attached hereto as Exhibit "A".

         B. Post Transaction Period

         Upon consummation of the Going Public Transaction, HFG agrees to:

                  (i)  coordinate  and  supervise  a  training  program  for the
         purpose  of  facilitating  new  management's  operation  of the  public
         company;

                  (ii)  if  necessary,   facilitate   the   preparation   of  an
         information  statement  to be filed  with the SEC to change  the public
         company's  name and to in turn assist in  obtaining a new CUSIP  number
         and stock symbol for the public company;

                  (iii)  assist  in  developing  and   implementing  the  public
         company's  investor   relations   efforts,   which  shall  include  (a)
         establishing a program for communicating with brokerage  professionals,
         investment  bankers and market makers; (b) creating a complete investor
         relations  strategy to be implemented  in English and Chinese;  and (c)
         assisting in the preparation and  dissemination  of press releases (the
         Company  agrees  that  all  costs  and  expenses  charged  by  investor
         relations and press  relations  firms  introduced by HFG and engaged by
         the  public  company  will be the  sole  responsibility  of the  public
         company);

                  (iv) provide  assistance and guidance in the  preparation  and
         assembly  of  application  materials  for  the  listing  of the  public
         company's common stock on a national  exchange or quotation medium that
         shall  necessarily  be limited to the  American  Stock  Exchange or the
         NASDAQ Stock Market; and

                  (v) provide the public company with such additional  financial
         advisory services as may be reasonably requested, to the extent HFG has
         the expertise or legal right to render such services.

         2.  Authorization.   Subject  to  the  terms  and  conditions  of  this
Agreement, the Company hereby appoints HFG to act on a best efforts basis as its
consultant during the Authorization Period (as hereinafter defined).  HFG hereby
accepts such appoint, with it being expressly acknowledged that HFG is acting in
the capacity of  independent  contractor and not as agent of either the Company,
affiliates  of the  Company  resulting  from the